Property Summary: 28 Highcastle Crescent, Winnipeg
Key Characteristics & Appeal
This 1990 bi-level home at 28 Highcastle Crescent in Dakota Crossing presents a practical and updated living space. Its key features include 1,244 sqft of living area, an attached garage, and a renovated basement, adding valuable functional space. The lot is a manageable 5,385 sqft.
The primary appeal lies in its balance of modern updates within a well-established neighbourhood. The renovated basement is a significant asset, effectively expanding the home's usable space. From a market perspective, the home’s assessed value positions it as a strong value within the wider city, often outperforming city-wide averages, while being more modestly priced compared to some immediate neighbours. This suggests a potential opportunity for buyers seeking entry into a stable area without a premium price tag.
This property would suit first-time buyers or downsizers looking for a low-maintenance home with modern touches already in place. It’s also a sensible fit for pragmatic investors or homeowners who prioritize functional updates and city-wide value over having the largest home on the street.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,244 sqft, the living area is below average for Highcastle Crescent itself but is much more aligned with the typical size for both the Dakota Crossing neighbourhood and the city of Winnipeg overall.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the work.
3. Is the assessed value a reliable indicator of the listing price?
The home last sold in September 2024 for $48,600. Its current assessed value is $50,200. In this case, the recent sale price is a more direct and current indicator of market value than the assessment.
4. What are the implications of the home’s age?
Built in 1990, the home is newer than the average Winnipeg house. While major systems like the roof, furnace, or windows may be original or nearing their typical lifespan, their age and condition should be verified during an inspection.
5. How does the lot size affect the property?
The lot is smaller than others on the same street, which typically means less yard maintenance. For buyers, this is a trade-off: it offers easier upkeep but less private outdoor space compared to some direct neighbours.